Why Haven't YOU Invested in Real Estate? (DC/MD/VA)

Why haven't YOU Invested in Real Estate?

You always wanted to....You know that wealth is in real estate....so what is stopping you!

Well, I'll tell you what is holding back most new investors that I meet " I DON'T WANNA LOSE MY MONEY!"....Does that sound familiar? Everything is new for you so you are not confident in your decisions regarding what property to purchase. Well, that's what I'm here for so just sit back, keep reading and learning and when you are ready, I'll be here to guide you.

The first thing that you should know is that you don't have to have the perfect deal for a real estate deal to make money for you. Don't pass by good deals waiting for the perfect flawless deal. I'm gonna let you in on a little secret...."There's no such thing".

No one says it better than Nike "Just Do It". You will never reap the benefits of investing in real estate until you....invest in real estate.

The main blockers for new real estate investors are:

1. afraid of risk


2. afraid of maintenance and repairs


3. afraid of vacancies

Let dissect these fears:

Afraid of Risk

"YOU WILL NEVER EVER FIND A RISK-FREE INVESTMENT!" Some of you want no risk. If this is what you want, you don't want to make any money anywhere. Just put your money in your ceramic pink piggy bank but watch out for Mr. Inflation because he'll eat away at that with out a sound. If you follow the advice that I gave you before about investing in Metropolitan areas, good rental market areas, stable market areas and low median areas, you are already reducing your investment risk. You also want to invest in fairly good neighborhoods. Pay attention to safety, schools, shopping etc. In decent neighborhoods, your tenants tend to stay longer, pay on time and take better care of the property.

Afraid of Maintenance and Repairs

Just because you own the property doesn't make you and automatic handy man. Hire a property management company. Your time is more valuable than touch up paint, plumbing and carpeting. We hire professionals for everything else. It's worth it!

Afraid of Vacancies

If you take my advice and invest in a good neighborhood in a good market, vacancies are very unlikely. Normally, if your house is not renting the problem is the owner. It's not that there isn't anyone to rent to...you are asking to much. Think long term. It better to occupy your property for a little less than to pay a mortgage on a vacant property. You can always gradually raise the price of your rent and end up getting what you want. Even if you have a negative cash flow at first, the tax benefits will offset this.

Hopefully, this has helped ease some of your fears regarding investing. It's time to start securing your financial future with real estate investing.

Blessings to your real estate investing,

Valarie Jacobs

Learn Real Estate Investing in Maryland

Learn Real Estate Investing in DC

Learn Real Estate Investing in Virginia

www.valariejacobs.com

Caution: Read This Before Investing In Real Estate!

Caution: Read This Before Investing in Real Estate

Many investors are hesitant about investing in this market. If you watch the news or read the paper, reports would have you believing that the sky is falling. Well, the sky falling should be the ONLY reason why you would be leery about investing in real estate. The question is not "Should I invest in real estate right now?" it's "Where do I invest in real estate right now?"





There are four key factors when deciding where to invest in real estate:

1. Metropolitan Area


2. Good Rental Market


3. Low Median Price


4. Stable Market

Let's look at each of these key factors a little closer.

Metropolitan Area

A metropolitan area offers a wide variety of possible tenants. The last thing you want is a great VACANT property. Small towns often only have one source of employment. If that company closes, so does your rental market. Larger areas also offer a great selection of property management companies so if you are to busy to play landlord you have options.

Good Rental Market

A good rental market has single family homes that keep up with or surpass the amount of the mortgage payment. This does not mean that a property with a temporary negative cash flow doesn't still make a good investment in the long run.

Low Median Price

You want to purchase most of your investment properties in the median range. This should keep you mortgage payment below what you can reasonably ask for in rent. You also want to avoid jumbo loans. Jumbo loans ask investors to put down 25% on non-owner occupied homes. This can tie up to much of your cash that you could be using for another investment.

Stable Market

Believe it or not you don't want to invest in a booming market. During a booming market, there are many offers being made on one property. You have to compete with to many buyers. This drives up the prices for the houses and you don't get the best deals. You want to buy in an area that simply has a steady rise in market prices. It doesn't have to be rapid.

Blessing to Your Real Estate Investing,

Valarie Jacobs

Learn Real Estate Investing In Maryland

Learn Real Estate Investing in DC

Learn Real Estate Investing in Virginia

www.valariejacobs.com